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These top five signs show better conditions of an Indian market


1. Foreign investors have poured in over Rs.45,000 crore in Indian markets in the month of March.

2. Brent crude prices closed lower at about US$67.47 per barrel as compared to previous week's close of US$67.7 per barrel.

3. Gold prices also closed lower at about $1294 per ounce as compared to last week's closing price of $1308 per ounce.

4. Direct tax collection was at 10.2 lakh crore level, well short of government's direct collection target of 12 lakh crore for FY19 on March 23.

5. Reserve Bank of India received an overwhelming response to its US$5 billion dollar swap window by banks. Banks offered swaps worth US$16.31 billion while the apex bank accepted swaps worth US$5.02 billion. This has led to a decline in premium of forwarding INR rates.